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$327,752

NAL Estimated Property Value

403 Shady Oak, Burnet, TX, 78611

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,875 Sq Ft
price_per_sqft$201.6 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Washer/Dryer, Electric Water Heater
FlooringConcrete, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size15,211 sqft

Building Information

Year Built1973

Land Information

APN15103
Lot Number7
SubdivisionGardner Estates
Land UseResidential
Legal DescriptionS4650 GARDNER ESTATES LOT 7 BLK 3
Census Tract960302
Assessed Land Value$43,196
Assessed Improvement Value$284,556
Assessment Year2025

About this property

This fully updated and newly remodeled modern rustic home is situated in a quiet neighborhood close to schools and downtown Burnet. Home updates include electrical with new exterior and interior panels. Plumbing includes new fixtures and pipes in walls. All new paint and floors throughout. Walking into this semi-open concept with large wood burning fireplace will make you feel at home immediately. Kitchen includes all new appliances, large peninsula island with seating, coffee bar and space for a large dining room table for the whole family. In addition to the 3 bedrooms and 2 baths there is a 450 square foot bonus room. Home sits on a large lot with 800 square foot workshop in back. Workshop has electric and could easily be converted to a garage. This little gem is move in ready and waiting for you to enjoy.

Investor Tools

Property Icon
$327,752
Estimated Property Value
$53,784Estimated Mortgage Balance
$273,968Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,125
$327,752
2025
$43,196
$284,556
$327,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,125
$327,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$55,000
No
First
Jan 17, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,784
$273,968
83%
16%
$330/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Burnet

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403 Shady Oak | Property Details | No Agent List